Derivative Financial Instruments Derivative Financial Instruments (Tables)

6 Months Ended

Mar. 31, 2018

Derivative [Line Items]

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

	March 31, 2018			September 30, 2017
	Notional	Contract Value		Notional	Contract Value
Brass swap contracts	1.0 Tons	$	5.5	1.3 Tons	$	6.6

Schedule of Interest Rate Derivatives [Table Text Block]

	March 31, 2018			September 30, 2017
	Notional Amount		Remaining Years	Notional Amount		Remaining Years
Interest rate swaps - fixed	$	300.0	2.1	$	300.0	2.6

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The fair value of Spectrum Brands’ outstanding derivatives recorded in the accompanying Condensed Consolidated Balance Sheets were as follows:

Asset Derivatives	Classification	March 31, 2018		September 30, 2017
Derivatives designated as hedging instruments:
Interest rate swaps	Deferred charges and other assets	$	1.9	$	0.4
Interest rate swaps	Other receivables, net	1.4		—
Commodity swaps	Other receivables, net	0.3		0.6
Foreign exchange contracts	Deferred charges and other assets	0.1		0.2
Total asset derivatives designated as hedging instruments		3.7		1.2
Derivatives not designated as hedging instruments:
Foreign exchange contracts	Other receivables, net	—		0.3
Total asset derivatives		$	3.7	$	1.5

Liability Derivatives	Classification	March 31, 2018		September 30, 2017
Derivatives designated as hedging instruments:
Foreign exchange contracts	Accounts payable	$	0.3	$	2.3
Foreign exchange contracts	Other long-term liabilities	—		0.3
Commodity swaps	Accounts payable	0.1		—
Interest rate swaps	Other current liabilities	—		0.5
Interest rate swaps	Accrued interest	—		0.2
Total liability derivatives designated as hedging instruments		0.4		3.3
Derivatives not designated as hedging instruments:
Foreign exchange contracts	Accounts payable	0.7		—
Total liability derivatives		$	1.1	$	3.3

Summary of Gain (Loss) Recognized in Income on Derivatives

The following table summarizes Spectrum Brands’ loss associated with derivative contracts not designated as hedges in the accompanying Condensed Consolidated Statements of Operationsfor the three and six months ended March 31, 2018 and 2017:

		Three months ended March 31,					Six months ended March 31,
	Classification	2018		2017			2018		2017
Foreign exchange contracts	Other income (expense), net	$	2.4	$	(1.2	)	$	2.7	$	(3.3	)